Employee Benefit Plans (Tables)

9 Months Ended

Sep. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of share-based awards granted

During the nine-month period ended September 30, 2017, the following grants of share-based awards were made under the 2005 Incentive Plan: 

Date of Grant	Shares	Grant Date Fair Value Per Share		Vesting Period
January 3, 2017 (1)	671,771	$	8.82	33% per year over three years
January 3, 2017 (2)	671,771	$	12.64	100% on January 1, 2020
January 3, 2017 (3)	9,956	$	8.82	100% on January 1, 2019
April 3, 2017 (3)	8,004	$	7.77	100% on January 1, 2019
July 3, 2017 (3)	14,018	$	5.64	100% on January 1, 2019

(1) Reflects grants of restricted stock to our executive officers and select management employees.

(2) Reflects grants of performance share units (“PSUs”) to our executive officers and select management employees. The PSUs provide for an award based on the performance of our common stock over a three-year period with the maximum amount of the award being 200% of the original awarded PSUs and the minimum amount being zero. For the 2017 awards, vested PSUs can only be settled in shares of our common stock.

(3) Reflects grants of restricted stock to certain independent members of our Board of Directors (the “Board”) who have made an election to take their quarterly fees in stock in lieu of cash.